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By Robert B. Parsons

"This month, Tax Notes focuses on two features which can potentially ""dress up"" a new issue of common shares to make the shares more attractive to investors. Attaching warrants to a share issue is a relatively common practice, and recent years have seen an imaginative variety of different kinds of warrants, some of which can be subject to somewhat different tax treatment . A less common financing strategy which certainly deserves some consideration involves the possibility of utilizing ""Share Purchase Tax Credits "" in conjunction with a new share issue.IntroductionPrevious subjects covered in Tax Notes have dealt with flow-through shares and other tax angles which can make equity issues more appealing to potential investor s. Two other techniques which can add zest to a new stock issue involve the utilization of warrants and ""share purchase tax credits"" (or SPTCs). This article takes a brief look at the better known subject of warrants and the lesser known matter of SPTCs.Of course, this paper presents only a relatively general summary of the income tax implications of warrants and SPTCs, and is not intended to be a definitive commentary on all of the detailed and complex tax issues that might be relevant in the circumstances."

Jan 1, 1985

By Raymond G. Travis

This report describes coal-mining methods, power requirements, coal production and distribution, and coal resources of the Bull Mountain coal field in Musselshell and Yellowstone Counties, south-central Montana Investigations in the field, were conducted by Bureau of Mines engineers The report contains a short summary of the geology and geography of the field and discusses the following information secured during the field study: Method of mining practiced at each mine, including a description of each phase of the mining cycle. Coal produced and its distribution at each mine. Power requirements and the consumption of electricity per ton of coal produced by mines. Number of non employed by mines, and the production per man per shift underground and the over-all production per man employed. Estimates of future production and power requirements for the field as a whole. This information should be of benefit to any company or individual planning the development of now coal mines in the area or the expansion of present operations.

Jan 1, 1950

By N. Iverson, E. Haft, V. T. McLemore, M. Woodard, E. Owen

Present and emerging technologies are renewing interest in domestic rare earth elements (REE) production. REE deposits throughout the North American Cordilleran alkaline-igneous belt are being re-examined for their economic potential. In New Mexico, the mineral deposits found in this belt are associated with Eocene–Oligocene alkaline to calc-alkaline igneous rocks. Four areas in New Mexico have been examined for their REE potential. The chondrite-normalized REE patterns are similar for all four districts, even though different REE minerals are found. Crandallite, xenotime, bastnäsite and brookite are found in fluorite veins and carbonatites at Laughlin Peak. Bastnäsite was extracted during fluorite processing from 1954-1980 from the Gallinas Mountains, where samples as high as 8% total REE are found in fluorite veins. Other REE minerals include agardite, parasite, xenotime, and monazite. Allanite, thorite and as much as 8133 ppm total REE are found in fluorite veins in the Capitan Mountains. In the Cornudas Mountains, exploration along the outer edge of the Wind Mountain nepheline syenite laccolith and within phonolite dikes, plugs, skarns and carbonate-replacement deposits in Chess Draw contain as much as 3110 ppm TREE, hosted in eudialyte, monazite, bastnäsite, and calciocatapleiite.

Feb 1, 2023

By J. H. Hild

The Shanton magnetite-ilmenite deposits lie on the east flank of the Laramie Mountains, 43 miles northeast of Laramie, Albany County, Wyo. (fig. 1). The Shanton and other similar deposits in the Laramie Mountains were examined by Bureau of Mines engineers during 1942, 1943, and 1945, and a report2/ describing the results of a dip-needle survey and surface sampling was published in 1946. The Shanton deposits occur in a relatively flat section of the range at altitudes varying from 7,500 to 1,650 feet (fig. la). Prevailing rocks in the Shanton area consist of anorthosite with intrusive dikes of gabbro differentiates and granite. Titaniferous magnetite outcrops in five masses, which are separated at the surface by overburden and anorthosite.

Jan 1, 1953

By T. T. Ni

FOR MORE THAN 200 years, the Kochiu district of Yunnan province has been, and it still is, the hub of China's tin industry. The district produces annually from 80 to 90 per cent of that country's out-put of tin, which averages about 9,300 tons a year and places China fifth among the tin producing nations of the world. The tin ore reserves of the country are estimated (1) at 1,873,370 metric tons, of which 1,500,000 tons are in the Kochiu district. The mill of the Yunnan Consolidated Tin Corporation, described in this paper, is the only one of its kind in China. MINING AND SMELTING There are only two tin mines in the Kochiu district operating with modern equipment -the Hsin-Chang and the Lao-Chang, both owned by the Yunnan Consolidated Tin Corporation, a government company. The Hsin-Chang mine has four working levels with cross-cuts 6 ft. by 6 ft. and is equipped with steel mine cars and trucks to haul the ore. The ore is hoisted to surface in a three-compartment shaft and transferred to the mill by a 4-kilometer aerial tram. The Lao-Chang mine has two circular shafts 656 feet apart, each equipped with two cages. Haulage-ways 1,600 meters and 1,000 meters long, respectively, have been driven to the southwest from these shafts and are connected by three cross-cuts.

Jan 1, 1951

By Tuncel M. Yegulalp, Selamet G. Ergelebi

A description is given of a method of analysing modern mining systems in terms of reliability and their effects on productivity. Non-exponential distributions, such as the Weibull and lognormal distributions, for failure and equipment repair times are also considered. The resulting non-homogeneous Markov process is solved by the method of stages. A longwall mining system is analysed as an example.

Jan 4, 1993

By Ervin P. Fuchs

Volume II of this report presents the vibration data, octave band data, one-third octave band data and narrow band (amplitude versus frequency) data for ten mining machines. These ten mining machines include a Goodman 968-2 Loading Machine, a Lee Norse 245 Continuous Miner, a Jeffrey 120L Continuous Miner, a National Mine Service 3080 Continuous Miner, Acme D-1 Roof Bolter, a Lee Norse 265 Continuous Miner, two Jeffrey Locomotives, a Joy CD-71A Coal Drill and a Jeffrey 100L Auger Miner. Volume J of this report presents the effects of underground environment and loading conditions on noise levels of coal mining equipment

Jan 1, 1979

By R. R. Wells

For several years the Klukwan deposit near Haines, Alaska, has attracted interest as a potential source of iron. Limited field and laboratory investigation has indicated that the deposit contains a large amount of Iron that is recoverable as high-grade concentrate. This report summarizes the results of laboratory beneficiation testing of the Klukwan ore, as represented by six samples submitted to the Alaska Experiment Station of the Bureau of Mines, Juneau, Alaska, Iron is present in the ore as a fine-grained magnetite associated with a pyroxenite type basic rock.. Satisfactory magnetic-separation procedures were developed for the production of concentrates assaying more than 60 percent Fe and 2 to 4 percent Ti02. During the investigation many data were obtained and compiled, but for convenience and clarity data of secondary importance have been omitted or condensed; only the more pertinent test results are discussed in detail.

Jan 1, 1953

By K. Robert Dorman

Spray-applied polyurethane foam was used to insulate the walls of heated rooms excavated in permafrost. The experiment was designed to determine whether polyurethane foam can be sprayed successfully on frozen ground under freezing conditions and to measure the effectiveness of the insulation in maintaining--at elevated temperatures for an extended period--a room excavated in frozen ground. Two manufacturers' foams were investigated in the laboratory. Subsequently, one of the foams was employed to insulate two small rooms, one in frozen gravel and one in frozen silt, in an experimental tunnel belonging to the U.S. Army Cold Regions Research and Engineering Laboratory (USACRREL) near Fairbanks, Alaska. Following insulation, heat was introduced into the two rooms. Heat migration across the insulating barrier into the walls, in addition to wall closures, was monitored over an 8-month period. The results show that polyurethane foam can be successfully sprayed on frozen ground in below-freezing temperatures. Given this type of insulation, together with winter cold to supercool the surrounding ground, it should be possible to maintain a shaft or heated room in permafrost for several years.

Jan 1, 1970

By H. W. St. Clair

Sampling of heterogeneous mixtures of fused metals or solidified melts is subject to errors not met in sampling finely ground ores or granular materials. These errors arise largely because of the segregation of constituent metals that usually takes place during solidification. It is seldom that a random sample of a lot of metal will represent the composition of the entire lot. The problem becomes especially difficult when it is necessary to make accurate analyses for a segregated impurity present in very small amounts. This paper discusses some of the pertinent experimental observations made in selecting a method for sampling melts of aluminum and zinc containing small amounts of iron and silicon as impurities. Although this experimental study dealt only with sampling this specific combination of metals, many aspects of the study apply generally to any mixture of mol ten metals containing minor constituents that segregate rapidly during freezing of the melt.

Jan 1, 1949

By Oscar Lee, B. W. Gandrud, F. D. DeVaney

"IntroductionFlue dust which results from the smelting of ores containing appreciable quantities of fines is one of the troublesome products of iron blast-furnace practice. Gases issuing from the furnaces at a high velocity carry small particles of coke, ore and flux into dust-collecting chambers. These particles constitute the flue dust. Lasses of iron ore through the production of flue dust vary between wide limits in the different furnaces, and depend on a number of factors, such as size and design of furnace, amount of fines in the ore, the operating conditions and the blast pressure.Blast-furnace operators of the Birmingham district keenly realize this waste. The ores are comparatively low grade and require more fuel than is ordinarily used elsewhere. Hence the flue dust is low in iron content and high in coke. As a result it is not in suitable condition for direct sintering. In many other iron and steel centers direct sintering is a common practice. In the Birmingham district efforts have been made to prevent this loss by recharging the dust into the furnace, but, as might be expected, a material fine enough to be blown out once will very likely be carried over again.In general, the flue-dust losses in this district will average 250 pounds per ton of pig iron produced, but at times the losses at different furnaces are substantially higher or lower than this figure. On the basis of the present rate of pig-iron production, the annual loss of flue dust exceeds 300,000 tons. The iron content of the dust probably averages 25 per cent, therefore about 75,000 tons of iron is wasted yearly, or about 3 per cent of the iron mined is lost in flue dust."

Jul 1, 1926

By Albert L. Toenges

The State Division of Geology Arkansas Resources and Development Commission, and the Arkansas-Oklahoma Coal, Operators Association requested assistance from the Bureau of Mines in a study of coal-mining methods and practices in .Arkansas coal mines with the objective of reducing production costs. On October 7, 1946, a joint meeting was held by representatives of the Arkansas Resources and Development Commission, approximately 30 coal-mine Operators of the Arkansas -Oklahoma Coal Operaters Association, and representatives of the Bureau of Mines. The many problems confronting the coal industry in Arkansas, including mechanical mining in thin beds, costs, labor, and working time were discussed. Following this Meeting, a joint letter from Harold B. Foxhall, State geologist, and -P. R. Stewart, commissioner, Arkansas-Oklahoma Coal Operators Association, was addressed to Dr. R. R. Sayers; former ,Director of the Bureau of Mines, requesting that mining conditions in Arkansas be studied.

Jan 1, 1949

By Sowerby BD

The CSIRU Division of Mineral Engineering is developing various techniques for the on-line determination of moisture in coal and coke, and some instruments are now commercially available. These techniques permit accurate and rapid determination of moisture in materials directly on conveyor belts or in bins. The most promising techniques for direct on-belt measurement of moisture in coal are capacitance and microwave transmission. A non-contacting under-belt capacitance and gamma-ray backscatter technique has determined moisture in coal to better than 0.5 wt'/. in field tests at BHP Stockton Borehole Colliery, NSW. Mineral Control Instrumentation Pty Ltd have been licensed to manufacture the capacitance gauges and have installed five commercial units in the coal industry and other industries. Microwave transmission techniques have an advantage over the under-belt capacitance technique in that they are not sensitive to vertical segregation of moisture in coal on the conveyor belt. A laboratory prototype of a microwave transmission gauge has been constructed and tested. Microwave techniques, based on a measurement of attenuation and phase shift, are under development and are expected to be field tested in 1987. These new techniques will enable a wide range of thickness changes to be accommodated. Capacitance and microwave transmission methods are unsuitable for materials of high electrical conductivity, such as coke. CSIRO is therefore developing a fast neutron and gamma-ray transmission technique, which is proving very accurate in laboratory tests. This technique overcomes many of the limitations of thermal neutron moisture gauges and it is expected to be field tested in 1987.

Jan 1, 1987

By Theodore Kootz

Manufacture of high-grade ferromanganese; as a rule; requires a low-phosphorus-manganese ore with 45 to 55 percent Mn, chiefly obtained in the Soviet Union, the British Dominions, and Brazil. Also, low-manganese ores have already been used for ferromanganese production, especially in North America .and Germany. During World War I, a process was developed in which a high-phosphorus ferromanganese or spiegeleisen was prepared in the blast furnace from law- or high-phosphorus manganiferous ores, then low-phosphorus manganese slag was prepared by refining under an acid slag, and this material was, worked into a low-phosphorus ferromanganese in the blast furnace.9/ Manufacture of useful manganese ores from a phosphorus-bearing spiegel with 12 to. 15 percent Mn, 4.5 percent C,, and 0.5 percent P by slagging in a refining furnace was reported by Joseph, Barrett, and Wood.10/ The spiegel was refined to 0.75 percent Mn, 3.4 percent C, and 0.45 percent P. Thereby, a slag with about 43 to 58 percent Mn and, about 10 percent Si02, was obtained. Hotter melts gave a smaller phosphorus content in the slag than cold melts. In addition, the phosphorus content of the slag varied with the manganese content of the intermediate metal.

Jan 1, 1952

By Barry W. Klein

The U.S. economy was considerably stronger in 1976 than in 1974 or 1975. Real gross national product (GNP) rose sharply in the first quarter of 1976 and then increased at a more moderate rate for the remainder of the year. The unemployment rate fell until June and then increased for moat of the remainder of the year, finishing at the same rate as it had started the year. The inflation rate continued to decline in 1976. Reasons for the relatively low rate (compared with those of 1974 and 1975) included small increases in food prices and only moderate increases in energy prices. Total U.S. output measured in terms of GNP increased 11.6% in 1976. Real GNP in 1972 constant dollars rose 6.2%. Inflation as measured by the implicit price deflator increased 5.1%. In real terms, gross private domestic investment for residential structures rose 22.7% in 1976 after declining 14.7%a in 1975; State and local Government expenditures increased 1.4% in 1976; and personal consumption expenditures for services rose 4.5%. The Federal Reserve Board (FRB) index of industrial production increased 10.2%.

Jan 1, 1978

By E. K. Stanek

This report contains results of two major efforts related to electrical transients on mine electrical power systems. The first area concerns the use of digital computers to model mine electrical power systems and predict transients or duplicate field recordings of transients. Two existing general purpose circuit analysis programs were used. The first was the TRW Engineering System Simulator or TESS. The second was Electronic Circuit Analysis Program or ECAP. TESS proved to be superior to ECAP in several important characteristics, including system size limitations and modeling nonlinear elements. The second major topic covered in this report is the evaluation of commercially available surge suppression devices. These devices were found to be quite acceptable and guidelines for the selection and placement of surge suppressors were included. The final important item is a listing of the worst-case transients, from a design point of view, for ac and de utilization systems and ac distribution systems.

Jan 1, 1979

By Frank J. Wiebelt

In its efforts to maintain production of tungsten during the recent war period, the Bureau of Mines explored certain parts of the properties of the Atolia Mining Co. in San Bernardino County, Calif., by diamond drilling. Owing to past production record and other available data, the area was considered attractive for possible development of new ore bodies. Scheelite occurs in narrow veins ranging in width from a fraction of an inch to several feet. The veins are in quartz monzonite in a zone 2 miles long and 500 feet wide. Production from the district was reported to have been over 1,000,000 units of W03. Twelve diamond-drill holes, totaling 5,056 feet, were drilled by the Bureau of Mines in the vicinity of the Papoose, Papoose No. 5, Amity, and Union mines, the tailings pond, and the "Old Spud Patch." The work began in August 1943 and was completed in June 1944. This publication briefly describes the history and deposits of the district and gives full details of the work performed by the Bureau.

Jan 1, 1950

By M. R. Khalesi, Y. Kianinia, A. Seyedhakimi, F. Soltani

"The feed ore to Agh-Darreh gold processing plant (Takab City, Iran) contains 2 ppm Au, 7 ppm Ag, and 120 ppm Hg. After cyanide leaching of the feed at pH 10.4, 80% of the total mercury (in the form of cinnabar and metacinnabar) goes to the tailings dam. In this research, separation of mercury from the tailings by flotation was investigated. The effects of collector type and dosage, pH, and the number of cleaner stages were studied. The results showed that after two stages of cleaning a 40–62% recovery of Hg at a grade of 14.3% Hg is attainable. Recycle water from a test in which 50 g/t amyl xanthate and 30 g/t pine oil was used in the flotation stage showed no adverse effect on the leaching and adsorption of gold onto activated carbon.IntroductionMercury, most commonly found in the nature as the mineral cinnabar (HgS), is a hazardous substance because of its mobility and toxicity (Kyle et al., 2012). Roasting is the wellestablished treatment method for mercury ores, in which the sulphur is burned and volatilized and mercury recovered subsequently by cooling and condensation. However, for low-grade ores, flotation is mainly applied for primary concentration due to its comparatively low costs, low environmental hazards, and flexibility regarding feed variations (Bulatovic, 2007). Particularly, cinnabar can be easily recovered by flotation using pine oil and a collector such as xanthate (Bulatovic, 2007; Crozier, 1991). Floatability of cinnabar is reduced due to surface oxidation when it is exposed to the atmosphere after crushing. This problem can be eliminated by adding copper sulphate and lead nitrate or acetate. The best pH for cinnabar flotation is in the range of 6.5 to 8.5 according to Erspamer and Wells, (1954), who reported that cinnabar and stibnite can be floated with long-chain xanthate collectors and an alcohol frother, with cumulative recoveries of 97.8% and 94.7%, respectively. Lead acetate was used as an activator."

Jan 1, 2017

By W. R. McDonald

Part of the U.S. Bureau of Mines mission is to supply the U.S. mineral industries with information that is useful in planning to meet the Nation's critical and strategic mineral needs if a national emergency occurs. The Bureau conducted laboratory research including operating a nominal 100 lblh pilot plant to demonstrate the recovery and concentration of chromite by gravity and flotation operations from three northern California mineral deposits. Gravity beneficiation test results show that concentrates contained as much as 52 pet chromic oxide (CrZ03) with recoveries of about 80 pet. Results from the bench-scale unit operations of mineral liberation, tabling, vanning, spiraling, pinch sluice, work index, and thickener area determination tests are presented in this report.

Jan 1, 1990

Jan 8, 1950